🔥🔥🔥 WHILE BITCOIN APPROACHES $60,000; WHAT WILL HAPPEN IF THE FED MAKES A JUMBO INTEREST RATE CUTTLE❓
Bitcoin approached $60,000 in anticipation of a FED interest rate cut. With the FED considering a 50 basis point interest rate cut, anxiety among Bitcoin investors has increased. According to Grayscale's Zach Pandl, low interest rates could benefit Bitcoin, but an aggressive cut could negatively affect risky assets.
This interest rate cut, along with weak signals from the US economy, could strengthen investors' concerns about the FED's economy. If the cut occurs, BTC's situation may change depending on investor psychology.
🔥🔥🔥 Bitcoin's future depends on FED decisions‼️
